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Traction Transformer Market: Global Revenue & Unit Shipments addition to report

Research and Markets has announced the addition of the “Traction Transformer Market: Global Revenue & Unit Shipments” report to their offering on http://www.researchandmarkets.com/research/bjwdth/traction

Tapped transformers contribute 89.5% in 2013 to the traction transformer market as they are used in locomotives and high speed trains. Tap-changing traction transformers are mainly used in EMUs and rectifier traction transformers are used for the propulsion of trams and trolley cars.

The traction transformer is an integral part of the electric traction system. They are mainly used in four kinds of rolling stock:

–    High-Speed Trains
–    Electric Locomotives
–    Electric Multiple Units (EMUs)
–    Trams

Governments are looking at projects like high-speed trains and tramways to ease the pressure of the road and airways congestion and the traction transformer market is enabling the overall growth of the rail transport industry. In the last five years, the growth rate of traction transformers in high speed trains has been above average and its unit shipments are likely to grow from 315 units in 2013 to 541 units in 2018 at a CAGR of 11.43% from 2013 to 2018.

The global traction transformer revenue market is expected to grow from $1.17 billion in 2013 to $1.69 billion in 2018 at a CAGR of 7.52%. The electric locomotive market for traction transformers is the largest in terms of revenue, and EMUs are the major contributors shipment-wise.

The global traction transformer market consists of:

•    Type: Tap-Changing, Tapped, and Rectifier Transformers
•    Rolling Stock: High-speed trains, Electric Locomotives, Electric Multiple Units (EMUs), and Trams.
•    Voltage Network: AC and DC.
•    Geographies: Americas, Europe, Asia-Pacific (APAC), and Rest of the World (ROW).

Source: www.globenewswire.com